Titan is an operating system for active investment management, powering investment products, and experiences for retail investors.
Titan has closed on a $58 million Series B just five months after it raised a $12.5 million Series A led by General Catalyst. The New York-based company has raised $75 million to date, and the funds will be used to build out its underlying platform and suite of investment products, along with scaling core functional teams.
“We’re building the next Fidelity, which is a premier investment management platform for our generation,” Joe Percoco, co-founder and co-CEO of Titan, said in an interview with Crunchbase.
The investment app has made a big investment of its own, as it has recently acquired the exact brand name domain Titan.com. According to WHOIS, this purchase is likely to have occurred 3 months after Titan’s Series A funding round.